NEW YORK (
) -- The ex-dividend date for
Alexandria Real Estate Equities
) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $76.92 as of 9:35 a.m. ET, the dividend yield is 2.4%.
The average volume for Alexandria Real Estate Equities has been 338,900 shares per day over the past 30 days. Alexandria Real Estate Equities has a market cap of $4.2 billion and is part of the
industry. Shares are up 4.5% year to date as of the close of trading on Friday.
Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. The company has a P/E ratio of 34.7, above the average real estate industry P/E ratio of 34.6 and above the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Alexandria Real Estate Equities as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full